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How will you pay for long-term care?

Genworth just released its latest analysis of long-term care costs. Nationally, the current median cost for a semi-private... more »

WASP veterans win another war

The Women Airforce Service Pilots helped the United States win World War II. More than half a century later, they have w... more »

Sumner Redstone's competency trial dismissed, but the saga continues

Who do your sympathies rest with in the legal brouhaha swirling around ailing media tycoon Sumner Redstone? Are you in... more »

Insurance companies doing business in Florida: Ignorance is no longer bliss

Life insurance can play useful role in many people's estate plans. It can provide replacement dollars for pension and Soci... more »

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Medicaid asset and income limits change in 2012

11-7-2011 - The Centers for Medicare & Medicaid Services has announced changes in certain eligibility criteria for Medicaid long-term care benefits. Effective January 1, 2012, the following eligibility requirements will change:

Income Limits
Medicaid applicant: $2094 (was $2022)
Community Spouse: No income limits. However, if the spouse's monthly income is below $1838.75 (was $1839), a portion of the applicant's income may be diverted to the spouse.
Asset Limits
Community Spouse: $113,640 (was $109,560)
Homestead equity limit
$525,000 (was $506,000)

Learn more about Medicaid eligibility requirements.

 

 

 

 

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